With millions of Americans out of work and anxieties running high, the National Consumers League warns that a variety of scams could proliferate during the pandemic. Some of these scams
As reported in the first part of a series on the financial exploitation of U.S. seniors, financial scams targeting U.S. seniors will continue to grow as the U.S. population ages.
As of May 7, 2020, the Federal Trade Commission (FTC) received nearly 39,000 complaints from consumers who reported losing a median of $503, for a cumulative loss of $29 million.
As the elderly population of the United States continues to grow, there’s a sizable personal finance story for business staff to report separately, or develop into a blockbuster series: the
What do the recent arrests of three hackers in Indonesia have to do with U.S. consumers? Plenty. The three thieves are part of “Magecart,” a network of more than half
Clever fraudsters troll every age group, but tech-savvy Millennials are especially attractive to online scammers, warns the Scam Tracker from the Better Business Bureau(BBB)—25% more likely, in fact, than those
Consumer scams are on the rise. In 2018, consumer scams surged 38% over the previous year, according to the Federal Trade Commission (FTC).Consumers shelled out $1.48 billion to fraudsters, with nearly
For a timely story relating to data breaches, focus your reporting on tax-related scams, which increasingly threaten consumers’ financial security. The Internal Revenue Service (IRS) has issued a “dirty dozen”
With millions of U.S. consumers using digital devices to pay bills and shop online, clever crooks have figured out a new scam: Stealing personal data to open up phony cellphone
Identity theft among children under 17 is growing. In 2017, more than one million children were victims of identity theft or fraud, a recent 2018 report from Javelin Strategy &
Besides Internet hackers, the recent Equifax data breach that compromised the private information of half of the U.S. population over 18 is benefitting another group: Identity theft protection services. LifeLock
Financial lessons from Enron The collapse of Enron, while dated, provides a graphic lesson: Analyze the financial statements of a company because they often offer reporters a different perspective from
Get Two Minute Tips For Business Journalism Delivered To Your Email Every Tuesday
Two Minute Tips
Every Tuesday we send out a quick-read email with tips for business journalism. Sign up now and get one Tuesday.
